Management Accounting: The Technique of Indicators for Evaluating the Business Process Efficiency

Nodira B. Abdusalomova

Chapter 48 in The Sustainable Development of the Entrepreneurial Economy in the Fifth Industrial Revolution, 2026, pp 563-573 from World Scientific Publishing Co. Pte. Ltd.

Abstract: This research analyzes the theoretical and methodical aspects of the organization of business processes in reliance upon strategic development programs, the formation of indicators depending on the purpose of the business, and the issue of compatibility, which is essential in organizing business processes. Moreover, the author elaborates on the order of elements that constitute the basis of the mechanism for financial evaluation and control indicators for large enterprises. Additionally, the author analyzed internal business processes based on indicators of the interdependence of external and internal results that are significant for shareholders. Furthermore, the author developed proposals for improving the systematization of indicators to ensure effective management and control. It is proposed that internal business processes be analyzed and implemented based on indicators of the interdependence of external and internal results that are important for shareholders. Focusing on indicators that reflect the true state of the business and its financial stability, the author developed a model to compare the company’s results with competitor data and industry best practices. Next, the author provided recommendations for optimizing the systematization of indicators, which ensure effective management and control. This approach increases the transparency of business processes and their efficiency, which, in turn, affects the company’s results and the satisfaction of shareholders.

Keywords: Sustainable Development; Entrepreneurship; Innovation; Technology; Information Management; Organizational Behavior; Industrial Organization; Entrepreneurial Economy; Fifth Industrial Revolution; Cause-and-Effect Relationships; Fourth Industrial Revolution; Digital Technology; Industry 5.0; Operations Management; Operations Research; Supply Chain Management; Fintech; Cryptocurrency; Blockchain; Economics and Finance; Corporate Governance; Technological Environment; National Economy; State Management; Corporate Management; Agro-Industrial Complex 5.0; Fuel and Energy Complex 5.0; BRICS; EAEU; Central Asia; Social Responsibility; Digital Competitiveness; Digital Energy; Entrepreneurial Universities 5.0; Machine Learning; Cyber-Social System; Smart Company; Management of AI; Automatization; Decision-Making in Entrepreneurship; Big Data; Blockchain Finance; Robotisation Of Production; Applied Technological Solutions; Smart City; Local Entrepreneurial Economy; Modernisation; Institutes of Globalisation; E-Government; Innovative Economy; Knowledge Society; BRICS+ (search for similar items in EconPapers)
JEL-codes: L26 O33 Q01 (search for similar items in EconPapers)
Date: 2026
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